Oil and Gas

Who is in and who is out? Africa Oil Corp. has announced changes to its management team. Nick Walker, currently Chief Operating Officer, will be leaving the Company to join another Lundin Group Company, Lundin Petroleum AB. Mr Walker’s role in Lundin Petroleum will be the subject of a separate announcement by Lundin Petroleum. Tim […]

Plexus Expands into South America – US$0.8m POS-GRIP Rental Contract Win from New Customer Cardon IV in Venezuela Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has secured its first contract with Cardon IV, a gas licence granted by the […]

Interim Results Europa Oil & Gas, the AIM listed oil and gas exploration and production company with a combination of producing, appraisal and exploration assets in Europe, announces its interim results for the six month period ended 31 January 2015. Highlights: * Irish prospect inventory received from Kosmos identified 1.5 billion barrels of gross mean […]

LGO stock (LSE:LGO) currently requires trading methods that work in bear markets, for the dominant bias is bearish. In spite of desperate effort from the bulls, the bias remains bearish. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown […]

UK Oil and Gas shares (LSE:UKOG) are now attractive to interested bulls, in spite of the current volatility in the market. In the last months of the year 2014 and the early months of the year 2015, the price consolidated. Some consolidation to the downside in the month of February 2015 could have led some […]

Its nearly time for the UK Investors Show Soon on April 18th 2015. So if you have enjoyed my ADVFN articles  plus regular ADVFN interviews on Justin Waite Show come along and say hello at the bloggers cafe. I know most of my city friends are coming so get with it and see the Chris […]

Quarterly Operations Update for the Period Ended 31 March 2015 Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Woodford, Mississippi […]

Royal Dutch Shell (LSE:RDSA) (LSE:RDSB) pushed other world news off the front page this morning, announcing that it has agreed to buy BG Group (LSE:BG.) for $70 billion dollars (£47 billion) at a premium of 50% on BG’s closing price yesterday, which was 910.40. That would price BG shares at 1,365.60. BG shares jumped to […]

This is a brief article today going into Easter. However this morning the RNS came out that Zebedee well based in the North Falkland Basin found 23.5m net pay of oil regarding  the 52% cos zone and 18.5m gas in the Hector Zone.  Estimate 50m gross  plus 20m gross. So my geo viewpoint was correct. […]

Macquarie Bank Facility Re-finance and drawdown Empyrean Energy, aprofitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced that it has reached an agreement with Macquarie Bank Limited for additional debt funding under Tranche B of its facility. The further proceeds from the Facility will […]